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Rent Calculation Quiz: Well Explained and Accurate Questions and Answers

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Rent Calculation Quiz: Well Explained and Accurate Questions and Answers True or False: A family's household composition changes. As a result, the family's voucher changes from a three-bedroom voucher to a two-bedroom voucher. The family resides in a three-bedroom unit. The three-bedroom payment standard must be applied at the first annual reexamination - ANSWER False True or False: Earned income in excess of $480 of full time students 18 and older (who are not the head, spouse, or cohead) is excluded from annual income - ANSWER True True or False: Actual income from assets is to be included when the total cash value of all family assets is $5,000 - ANSWER True True or False: The income of a temporarily absent spouse must be included in the annual income - ANSWER True True or false: A PHA may establish a minimum rent of $50 - ANSWER True True or false: In the HCV program, only adult persons with disabilities can qualify for the earned income disallowance - ANSWER True True or false: Lump-sum payments are always counted as assets - ANSWER False

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A
VI
TU
IS
M
O
A



Rent Calculation Quiz:
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Well Explained and
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Accurate Questions and
Answers

, True or False: A family's household composition changes. As a result, the family's
voucher changes from a three-bedroom voucher to a two-bedroom voucher. The family
resides in a three-bedroom unit. The three-bedroom payment standard must be applied
at the first annual reexamination - ANSWER False

True or False: Earned income in excess of $480 of full time students 18 and older (who
are not the head, spouse, or cohead) is excluded from annual income - ANSWER




A
True




VI
True or False: Actual income from assets is to be included when the total cash value of
all family assets is $5,000 - ANSWER True




TU
True or False: The income of a temporarily absent spouse must be included in the
annual income - ANSWER True

True or false: A PHA may establish a minimum rent of $50 - ANSWER True
IS
True or false: In the HCV program, only adult persons with disabilities can qualify for the
earned income disallowance - ANSWER True
M

True or false: Lump-sum payments are always counted as assets - ANSWER False
O


True or false: Disability assistance expenses may be deducted if they enable a family
member to work or attend school - ANSWER False
A



True or false: Income of a 17-year-old mother who has quit school to work but is still
living with her parents is included in annual income - ANSWER False
N




True or false: The Interest on the savings account of a 7-year-old boy is included in
JP




annual income - ANSWER True

True or false: A PHA may deny a family the child care allowance if there is an
unemployed adult family member in the household who may be available to provide the
child care - ANSWER False

True or false: A family consists of a 61 year old head of household and his 62 year old
spouse. Their annual income is 12 K. They have anticipated verified medical expenses
of $1,000. The family's adjusted annual income is $10,960. - ANSWER True

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